IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5 AS AMENDED

AND

IN THE MATTER OF
M.C.J.C. HOLDINGS INC. AND MICHAEL COWPLAND

NOTICE OF HEARING
(Section 127)

TAKE NOTICE that the Ontario Securities Commission (the "Commission") will hold a hearing pursuant to section 127 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the "Act") at its offices on the 8th Floor, 20 Queen Street West, Toronto, Ontario commencing on Thursday the 28th day of October, 1999, at 9:30 a.m. or as soon thereafter as the hearing can be held:

TO CONSIDER whether, pursuant to subsection 127(6) of the Act, it is in public interest for the Commission to extend the Temporary Order dated October 14, 1999 to continue the Cease Trade Order against the Respondents until the conclusion of the hearing in this matter;

AND TO CONSIDER whether, pursuant to subsection 127(1) of the Act, it is in the public interest for the Commission:

to make an order that the Respondents cease trading in securities, permanently or for such time as the Commission may direct;

to make an order that the Respondents be reprimanded; and/or

to make such other order as the Commission may deem appropriate;

BY REASON OF the allegations set out in the Statement of Allegations of Staff of the Commission and such additional allegations as counsel may advise and the Commission may permit;

AND TAKE FURTHER NOTICE that any party to the proceeding may be represented by counsel if that party attends or submits evidence at the hearing;

AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party and such party is not entitled to any further notice of the proceeding.